Cott Corporation (COT) is consolidating in the ascending triangle pattern with lateral resistance at 15.00 which if broken could lead to a new wave toward 15.5.
Facebook, Inc. (FB) broke lateral resistance (an all-time high at 222.75) and continue higher in strong momentum which could be extended into the next few trading days and send prices to retest upper Bollinger band around 228. For potential entry watch for confirmation of trend around 223.7.
NantKwest, Inc. (NK) price has been consolidating in bullish pennant formation over the last two weeks with resistance around 7.3 area. Break above that resistance in the coming days could trigger new momentum with a target around 10-12 area.
Teva Pharmaceutical Industries Limited (TEVA) – price is approaching lateral resistance in the 11.1 area which if broken could reverse the multi-month bearish trend and move price toward 12.00 area.
M&T Bank Corporation (MTB) is in a bullish flag formation with resistance around 172.7. If a breakout occurs target is 179.
Hertz Global Holdings, Inc. (HTZ) reached resistance in the 17 area of its 3 months long rectangle pattern. Break of that resistance in the coming days could trigger a new up wave with targets in the 17.8-18.5 range.
STERIS plc (STE) is consolidating in a rectangle pattern formation with resistance at 155, which if broken in the coming days could trigger momentum
Accenture plc (ACN) is consolidating in a bullish flag pattern with resistance at 214.5 which is broken could trigger new momentum into 218-220 areas.
Slack Technologies, Inc. (WORK) is consolidating in an ascending triangle with horizontal resistance in the 30.2 areas, which if broken in the next few trading days, could trigger new short term momentum toward the 34-38 zone.
Moderna, Inc. (MRNA) – after 3 weeks of correction and consolidation period the stock broke out of a bullish pennant today and retested resistance in the 67 area which if broken in the coming days could lead to new momentum with the target in the 80-85 range. Initial stop loss 57.5.
5 Breakout Candidates: $TSLA (1025+), $EBAY (50.4+), $CZR (12.5+), $QCOM (92+), $TSLA (1025+)... charts with targets: https://www.traderhr.com/trade-ideas-tue-jun-23-2020/
